Issuer officials who said Treasury's final issue price rules are a vast improvement over earlier proposals nevertheless raised concern that they might discourage competitive sales of bonds or create problems for issuers if underwriters run afoul of the rules.

Bear Stearns announces new hires to its mortgage operation

Bear Stearns International announced last week the appointment of three executives to senior posts within its London-based international mortgage group. Fred Khedouri was appointed head of European residential mortgage and consumer loan origination while Doug Lucas was named head of European ABS trading. Virginia "Ginny" Darrow was also appointed...

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